North State Grocery Implements Price Optimization System

Dec 05, 2006

COTTONWOOD, Calif. - North State Grocery here -- with 21 stores operating under the Holiday Quality Foods and Sav-Mor Foods banners -- has started implementing the Revionics Price Optimization system, Revionics, Sacramento, Calif., announced last week. This Internet-based software service is designed to help retailers increase net profits and revenues by statistically analyzing and recommending pricing strategies, Revionics said. “This move further illustrates our long-standing commitment to leverage advanced technology to help us improve profitability while maintaining our focus on giving the consumer a great shopping experience,” said Richard Morgan Jr., president of North State Grocery, in a statement.